Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Canada - 2024

Contents:

  1. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Canada (CIF) - 2022
  2. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Canada (FOB) - 2022
  3. Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Canada
  4. Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Canada

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Canada (CIF) - 2022

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $3.5 per unit in 2022, surging by 22% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($3.5 per unit) and Italy ($3.5 per unit), while the price for Turkey ($3.5 per unit) and Belgium ($3.5 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Canada (FOB) - 2022

In 2022, the average export price for non-electric iron or steel central heating radiators other than of cast iron amounted to $3 per unit, with a decrease of -10.5% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 27%. As a result, the export price attained the peak level of $3.4 per unit, and then fell in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($3 per unit), while the average price for exports to the United States amounted to $3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-0.4%).

Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Canada

In 2022, purchases abroad of non-electric iron or steel central heating radiators other than of cast iron decreased by -14.5% to 3.4M units, falling for the second consecutive year after two years of growth. In general, imports recorded a deep reduction. The pace of growth was the most pronounced in 2020 when imports increased by 30% against the previous year. As a result, imports attained the peak of 7.4M units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron reached $12M in 2022. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year. As a result, imports reached the peak of $20M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.410.55.86.8-10.2%
Belgium3.74.42.63.2-4.7%
Turkey0.10.10.40.458.7%
Italy0.82.40.90.4-20.6%
Poland0.20.30.50.426.0%
Czech Republic0.10.10.20.226.0%
Others0.41.91.00.40.0%
Total14.819.611.411.8-7.3%

Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron to Canada in 2022:

  1. United States (1953.2K units)
  2. Belgium (921.5K units)
  3. Poland (125.9K units)
  4. Italy (108.3K units)
  5. Turkey (102.3K units)
  6. Czech Republic (67.0K units)

Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Canada

For the third consecutive year, Canada recorded decline in shipments abroad of non-electric iron or steel central heating radiators other than of cast iron, which decreased by -29.5% to 998K units in 2022. Overall, exports showed a dramatic curtailment. The smallest decline of -6.6% was in 2020. The exports peaked at 2.3M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron shrank markedly to $3M in 2022. In general, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 6.9% against the previous year. As a result, the exports attained the peak of $5.7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.64.04.73.0-13.3%
Saudi Arabia0.51.6N/AN/A220.0%
Turkey0.3N/AN/AN/A0%
OthersN/A0.10.1N/A0.0%
Total5.45.74.83.0-17.8%

Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron from Canada in 2022:

  1. United States (989.3K units)
  2. Saudi Arabia (0.2K units)

Source: IndexBox Market Intelligence Platform

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